Using bank-level data for 80 countries in the years 1988–95, this article shows that
differences in interest margins and bank profitability reflect a variety of determinants: bank …

Cross-country evidence presented in this paper suggests that explicit deposit insurance
reduces required deposit interest rates, while at the same time it lowers market discipline on …

We examine how shocks to the supply of credit impact corporate financing and investment
using the collapse of Drexel Burnham Lambert, Inc.; the passage of the Financial Institutions …

Explicit deposit insurance has been spreading rapidly in recent years, even to countries with
low levels of financial and institutional development. This paper documents the extent of …

The interest in the application of market discipline to regulate the financial industry has
boomed recently due to the proposed New Capital Accord. This paper reviews the potential …

The paper analyses the relationship between deposit insurance, debt-holder monitoring,
and risk taking. In a stylised banking model we show that deposit insurance may reduce …

Using bank data for 80 countries for 1988-95, the authors show that differences in interest
margins and bank profitability reflect various determinants: bank characteristics …

This paper tests for the presence of depositor discipline by examining the effects of
depository institutions' risk on the pricing and growth of uninsured deposits. The study …

Using evidence from Russia, we carry out what we believe to be the literature's cleanest test
of the direct impact of deposit insurance on market discipline and study the combined effect …

Abstract The Central European banking industry is dominated by foreign-owned banks.
During the recent crisis, for the first time since the transition, foreign parent companies were …